HomeLatest News1.35 Million USTC Burned in September as Daily Burn Surges

1.35 Million USTC Burned in September as Daily Burn Surges

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More Than 1.35 Million USTC Burned in September

The USTC burn activity has accelerated sharply in September, with more than 1.35 million USTC burned so far this month. The latest figures show that September 29 recorded the largest daily burn of the month, with 477,731 USTC burned in a single day.

According to the daily burn figures, a total of 1,350,084 USTC has been burned from September 1 through September 29.

The September total highlights a significant increase in burn activity toward the end of the month, with the September 29 figure accounting for more than one third of the month’s total USTC burn so far.

September 29 Records the Largest USTC Burn

September 29 stands out clearly in the daily data.

A total of 477,731 USTC was burned on September 29, making it the largest single day of USTC burn activity recorded in the September figures.

The next highest daily burn was 91,536 USTC on September 21, followed by 82,245 USTC on September 3.

This means the September 29 burn was more than five times larger than the September 21 daily figure.

The latest surge has pushed the monthly USTC burn total above 1.3 million.

USTC Daily Burn in September

The following table shows the reported USTC burn for each day from September 1 through September 29.

Date USTC Burn
September 1 35,020
September 2 6,756
September 3 82,245
September 4 5,851
September 5 18,363
September 6 6,695
September 7 13,554
September 8 34,910
September 9 63,783
September 10 5,167
September 11 9,925
September 12 25,312
September 13 26,951
September 14 9,362
September 15 61,517
September 16 37,262
September 17 58,930
September 18 21,295
September 19 42,269
September 20 49,862
September 21 91,536
September 22 9,577
September 23 16,362
September 24 34,319
September 25 24,603
September 26 19,406
September 27 28,680
September 28 32,841
September 29 477,731
Total 1,350,084

September Burn Activity Shows a Late Month Surge

The daily figures show that USTC burn activity was relatively moderate during most of September, with several days recording burns below 20,000 USTC.

Activity increased on several dates, including September 3 with 82,245 USTC, September 9 with 63,783 USTC, September 15 with 61,517 USTC, September 17 with 58,930 USTC, and September 21 with 91,536 USTC.

However, the September 29 burn was significantly larger than every other daily figure in the dataset.

The 477,731 USTC burned on September 29 represents approximately 35.4% of the entire 1,350,084 USTC burned during the first 29 days of September.

That makes the latest daily burn an important contributor to the month’s total.

What the 1.35 Million USTC Burn Means

Burning USTC permanently reduces the amount of USTC in circulation through the burn mechanism involved in each transaction or activity that generated the reported burn.

The September figures show that USTC burn activity continues to occur across the Terra Classic ecosystem, with the monthly total now above 1.35 million USTC.

However, burn figures alone do not determine the market value of USTC. Price movements can also depend on liquidity, trading activity, supply and demand, market conditions, and broader developments across the Terra Classic ecosystem.

The latest numbers therefore provide a clear measure of burn activity rather than a direct indication of future price performance.

USTC Burn Activity Continues Into the Final Days of September

With 1,350,084 USTC already burned between September 1 and September 29, the final days of the month could add further to the September total.

The key development is the sharp increase recorded on September 29, when 477,731 USTC was burned in a single day.

As the month approaches its end, the September burn figures provide another measurable indicator of activity surrounding USTC and the wider Terra Classic ecosystem.

Adit 39
Adit 39https://www.adit39studio.com/
The world shall know PAIN

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